Equinor Q1 results beat forecasts thanks to production growth
Equinor (OSLO: EQNR) has beaten forecasts to deliver higher than expected first-quarter results, boosted in part by higher production thanks to its stake in the UK’s Buzzard field.
Equinor (OSLO: EQNR) has beaten forecasts to deliver higher than expected first-quarter results, boosted in part by higher production thanks to its stake in the UK’s Buzzard field.
By Michael BehrThe Fyne oil field, which is being developed by Rapid Oil, Ping Petroleum and Hibiscus Petroleum, has moved from the assessment phase into the authorisation phase.
Investors in French oil major TotalEnergies (LON: TTE) will call for the division of the role of CEO and chairperson of the company, claiming this could speed up its transition towards clean energy.
San Leon Energy has spudded a new well in Poland as it continues it exploration focus in Europe and North Africa.
Exillon Energy said average production from its two Russian assets was slightly lower in October than the previous month.
Rockhopper Exploration's new side track well at the Guendalina gas field offshore Italy has provided the company with a production boost.
Civil engineers will call for an expert-led national debate on Scotland’s energy policy in a new report on the issue due to be published next month.
Georgia has held talks with Gazprom on receiving additional natural gas from Russia, Georgia's energy ministry said today, a move that has been criticised for potentially making the country more dependent on its former Soviet master.
Exillon Energy,the London listed oil producer with assets in two oil-rich regions of Russia, has published its latest unaudited production figures for September.
A memorandum of understanding (MOU) has been signed by OMV and Gazprom on oil supply. A working meeting was hosted in Vienna between Gazprom's chairman of its management committee Alexey Miller and Rainer Steele, chairman of the OMV executive board.
Egdon Resources is to press ahead with its plans for the Wressle oil and gas discovery located to the east of Scunthorpe in Lincolnshire, England .
Construction or preliminary work has begun on three new pipelines designed to flow new supplies of natural gas from Azerbaijan to consumers in Turkey, Bulgaria, Greece, and Italy reports the US Energy Information Administration.
Russian Energy Minister Alexander Novak said today that Saudi Arabia's entry into East European oil markets, traditionally dominated by Russia, was the "toughest competition".
Fifteen years of oil at $50 a barrel isn’t the worst nightmare for Russian central bank Governor Elvira Nabiullina.
Urals Energy, the independent exploration and production company with operations in Russia, has completed production testing at Well #54 at Petrosakh.
Russian natural gas exporter Gazprom has resumed supplies to Ukraine, chief executive Alexei Miller said in a statement on Monday, after deliveries were halted in July over a pricing dispute between Moscow and Kiev.
Frontera Resources said the amount of gas-in-place at the Mtsare Khevi gas and Taribani field complexes in Georgia could be more than 10 times higher than previously thought.
Petrogrand and Shelton Petroleum have agreed to form a combined and enlarged oil group with Russian oil assets exclusively and to dissolve the cross-ownership between the two companies.
Urals Energy, the independent exploration and production company with operations in Russia, has been granted an additional license by the Russian regulatory authorities to expand the boundaries of its license area at Arcticneft.
Norway’s krone strengthened from a 13-year low versus the dollar alongside the currencies of other commodity-producing nations as oil prices rebounded.
DNV GL will support BP in assuring the huge Shah Deniz Stage 2 project equipment transportation and installations are conducted to recognised guidelines, standards and internal requirements.
Pressure has mounted on the Treasury to introduce further tax breaks for the oil and gas industry as new research reveals that cost-cutting may not be enough to ensure the North Sea is attractive to investors.
Europa Oil and Gas will retain 100% of its field exploration licences offshore Ireland, after its partner Kosmos Energy pulled out.
Antrim Energy, the Canadian oil and gas explorer has lost its majority partner in the frontier exploration licence (FEL) off Ireland's west coast.
Hungarian oil and gas firm MOL Group said today its executive vice-president of exploration and production, Alex Dodds, was quitting his role for personal reasons.
Caspian Energy has appointed Wei Zhao as its new chief executive.
Hurricane Energy is cracking on with plans to extract oil from 4,000 feet beneath the seabed after its North Sea Lancaster asset was officially designated as an oilfield. The Surrey-based company was founded in 2005 by chief executive Robert Trice to discover and develop oil from naturally fractured “basement” reservoirs in rock that was formed more than 2billion years ago. It has just achieved official oilfield status for Lancaster, located west of Shetland, from the Oil and Gas Authority (OGA).
Sound Oil has confirmed that it is still on track for production from its Nervesa gas discovery in Italy by the end of the year.